BNP Paribas Real Estate Investment Management achieved a record high transaction volume of €4.8 bn in 2017.
The transaction activity consisted of €3.5 bn of acquisitions and €1.3 bn of disposals. BNP Paribas REIM is mainly invested in offices (61%), followed by retail (17%), residential (9 %), mixed buildings (5%), and other asset classes such as technical, healthcare, hotel and leisure (8%).
Covering eight European countries, Paris-based BNP Paribas REIM saw inflows of over €3.1 bn in 2017: €1.7 bn new cash achieved in funds and €1.4 bn in separate accounts/mandates.
At the end of the year, BNP Paribas REIM managed €27.4 bn of assets in Europe (+€3.3 bn versus 2016): €12 bn in France; €5.2 bn in Italy; €5 bn in Germany; €3.6 bn in the Benelux and €1.6 bn in other countries. Some 75% of investors in BNP Paribas REIM’s funds are institutional investors.
Barbara Knoflach, global head of BNP Paribas REIM: 'Being part of one of the most successful real estate networks in Europe in combination with our focus on long-term sustainable outperformance contributes to strong growth. We are proud to have been able to expand our private clients business outside France and to take on board new separate accounts/mandates for institutional investors.'
Image: Barbara Knoflach
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PropertyEU's annual Top Investors Deals and Dealmakers ranking, based on European real estate transactions, is published in May 2018
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